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"Ancestry.com has been acquired by European private-equity firm Permira for $1.6 billion, which is a little over 1.5 Instagrams" Is "Instagram" the new word fo
by Xcelerate 14y ago
"Ancestry.com has been acquired by European private-equity firm Permira for $1.6 billion, which is a little over 1.5 Instagrams"
Is "Instagram" the new word for a billion? I like it. It sounds like a unit of measurement.
It will be interesting to see how this grows. Some of my family members are very into family history and genealogy and want to get their DNA tested as well to see where we are from. If nothing, it's a good way to at least pique the curiosity of a large population, so I can see it going for as much as it did.
- Steko 14y agoFunny when I read it I was wondering if it shouldn't be more like 2-3 Instagrams at current FB stock price but I guess it was never said how much was in cash.
- deleted 14y ago[deleted]